CasinoLab PDF

A P
T A T S
Fabulous
PROBABILITY
CASINO
LAB
AP Statistics Casino Lab 1
AP STATISTICS CASINO LAB:

INSTRUCTIONS
The purpose of this lab is to allow you to explore the rules of probability in the
setting of real-life games. You will get a chance to simulate playing several casinotype and other popular games of chance. Your task is to collect information/data
about each game and answer the corresponding questions.
Random variables are the raw material for statistical inference. We have been
studying random variables for some time, but we made them the center of our
attention in Chapter 7. While an individual outcome is unpredictable for a given
random variable, probability theory tells us that there is a certain type of
regularity or predictability in the results.
Casinos rely on the laws of probability and expected values of random variables to
guarantee profits. While some individuals walk away quite wealthy, most leave a
little (or a lot) less wealthy than when they entered.
Casino stations are set up around the room. Feel free to move from station to
station throughout the hour. However, be sure to play each game at least once.
You must collect data from each station in order to answer the questions.
Try your hand at the following stations:
Station 1: Craps
Station 2: Blackjack
Station 3: Roulette
Station 4: Montes Dilemma
Station 5: Coins, Dice, Cards
Station 1: The Game of Craps

Adapted from Yates, Moore, Starnes The Practice of Statistics Resources
1) Roll a pair of dice.

a. If the sum is 7 or 11, tally a WIN and start a new game.

b.If the sum is 2, 3, or 12, tally a LOSE and start a new game.

c.If the sum is anything else, mark it down as your Point and roll again.
If you roll your Point value, tally a WIN and start a new game.
If you roll a 7, tally a LOSE and start a new game.
If you roll any other number, continue rolling.
2) Play 20 games total and record your win/lose data.
Game
Point
Rolls
W/L
Game
11
12
13
14
15
16
17
18
19
10
20
Point
Rolls
W/L
In what proportion of games did you win on your first roll? ____________

Theoretically, what proportion of games would result in a win on the first roll?______________
In what proportion of games did you lose on your first roll?______________

Theoretically, what proportion of games would result in a loss on the first roll?______________
In what proportion of games did you actually win?______________
Craps Probability Questions:

1. What is the probability that you would obtain a sum of 7 or a sum of 11 on the first roll?
2. What is the probability that you would obtain a sum of 2,3,or 12 on the first roll?
3. What is the probability that you would roll again after your first roll?
4. Suppose you roll a sum of 8 on your first roll. This establishes your point=8. Find the probability you
subsequently win the game, given your point is 8. That is, What is P(win|8)?
{hint: consider the fact that the only outcomes that now matter are rolling a 7 and rolling an 8}
5. Complete the Tree Diagram below for the basic game of craps:
Win (roll 7 or 11)
Roll Again
Lose (roll 2,3,or 12)
6. Find the P(win) in the game of craps. {hint: P(win)=P(win on first roll)+P(win on subsequent rolls)}
Station 2: Blackjack

Blackjack, also known as twenty-one, is one of the most popular casino card games in the world. Much of
blackjack's popularity is due to the mix of chance with elements of skill, and the publicity that surrounds card
counting (keeping track of which cards have been played since the last shuffle).

When blackjack was first introduced in the United States it was not very popular, so gambling houses tried
offering various bonus payouts to get the players to the tables. One such bonus was a 10-to-1 payout if the
player's hand consisted of an ace and a black Jack (either the Jack of clubs or the Jack of spades).This hand was
called a "blackjack" and the name stuck to the game. As the game is currently played, a "blackjack" may not
necessarily contain a jack at all. (Source:Wikipedia)
Basic Rules: To play the game, each player is dealt 2 cards face-up. The dealer also receives 2 cards,
one face-down and one face-up. The goal is to have a point total as close to 21 as possible, or at least
greater than the dealers total. Players may choose to hit or get another card to raise their point total. However, having a total greater than 21 results in a bust and the player loses the hand. Cards are
worth face value except face cards which are worth 10 points and the Ace, which is worth 1 or 11.
Lets consider some probabilities for the dealers hand. Assume we are dealing without replacement
from a single, well-shuffled deck.
1. Deal a hand, check the result, and record whether or not it was a true blackjack, or twenty-one. Repeat 10 times.

# Blackjacks____________
# Twenty-ones_________________
2. Suppose one card is dealt face-down and one card is face-up. Given that the face-up card is an ace...

P(Blackjack|ace)=__________
P(Twenty-one|ace)=____________
3. Suppose the face-up card is a black jack (spades or clubs). Find...

P(Blackjack)|black jack)=__________
4. What is P(Blackjack)?
P(Twenty-one|black jack)=___________
5. What is P(Twenty-one) with two-cards?
8. Are the events A=face-up card is a black jack and B=get a true Blackjack independent? Show work.
7. In many casinos, the dealer must hit until he or she has at least 17. If the dealers face-up card is a 10
or Face Card, what is P(dealer points 17)?
Station 3: Roulette
Roulette is a French word meaning "small wheel". To play the game, a croupier turns a round roulette wheel
which has 38 separately numbered pockets in which a ball must land. The main pockets, numbered from 1 to
36, alternate between red and black, but the pockets are not in numerical order around the wheel, and there are
instances of consecutive numbers being the same color.There is also a green pocket numbered 0 and a second
green pocket marked 00. If a player bets on a single number and wins, the payout is 35:1, meaning that for each
dollar bet, one wins an additional $35.00.
The typical coloring scheme for the numbers in US casinos is listed below:
1
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
00
You can simulate a roulette wheel by selecting a random integer on your calculator. With a partner, use
RandInt(1,38) to simulate the wheel {37=0 and 38=00}. Guess red or black and have your partner
spin the wheel. Note whether or not you win. Repeat 10 times.
Spin
10
Guess
W/L
Suppose you bet $1 to play a game. If you guess "red" or "black", and are correct, you win $1 and get
your original dollar back. If you're wrong, you lose the $1 bet. Let X = the amount gained on a single
play. Complete the probability distribution for X.
Find the Expected Gain per play.
X
P(X=x)
Calculate the Standard Deviation of the amount gained per play.
Suppose you play two games. What are the expected gain and standard deviation of the total amount
gained for the two games?
Bonus: One strategy is to always bet red. What is P(red)? Define X=#red in 38 spins. What is the
probability youll break even by betting on red-only in 38 spins? That is, what is P(19 red in 38 spins)?
Station 4: Montes Dilemma

This game is based on the old television show Lets Make A Deal, hosted by Monte Hall. At the end of each
show, the contestant who had won the most money was invited to choose from among three doors: Door #1,
Door#2, or Door#3. Behind one of the three doors was a very nice prize. But behind the other two were rather
undesirable prizes -- say goats. The contestant selected a door. Then, Monte revealed what was behind one of
the two doors that the contestant DIDNT pick -- goats. He then gave the contestant the option of sticking with
the door she had originally selected or switching to the other, unrevealed, door.
The question is, is it better to stick with your original guess, or should you switch to the remaining door?
Simulate the game 20 times. There are 3 cards at this station, the Ace represents a nice prize, while
the two Jacks represent goats. Have a partner act as the host and arrange the three cards behind the
three doors at the table. Pick a door. Your partner should open one of the doors you didnt pick, revealing a Jack. You must then decide to Stick or Switch. Pick a strategy and use it on 10 trials. Record
your results. Then, change strategies and use it on 10 trials.
Always Stick Strategy
Trial
Door
Chosen
Win/
Lose
Always Switch Strategy

Trial
10
10
Door
Chosen
Win/
Lose
1. Calculate the % of wins in each strategy. Does there appear to be a better strategy?
2. What is the probability you would have picked the nice prize on the first selection?
3. Intuition tells you it shouldnt matter whether you stick or switch...the P(nice prize) is still 1/3,right?
Or is it? Do you agree or disagree? Why?
4. Consider the following tree diagram. Use it to calculate the P(each outcome):
1/3
Contestant Chooses
Goat 1
1
Monte Reveals
1/3
1/3
Goat 2
Car
1/2
1/2
Goat 2
Goat 1
Goat 1
Goat 2
P(outcome)
Stay Goat 1
Switch Car
Goat 2
Car
Car
Car
Goat 2
Goat 1
Regardless of what you originally choose, what is P(Car) if you Stay?
Regardless of what you originally choose, what is P(Car) if you Switch?

Is it better to Switch or to Stay?
Bonus 1: A woman and a man (who are unrelated) each have two children. At least one of the womans
children is a boy, and the mans older child is a boy. Which is more likely: that the man has 2 boys or that
the woman has 2 boys?
Bonus 2: There are 3 prisoners, A, B, and C. Two of them will be released and one will be executed. A
asks the warden to tell him the name of one of the others in his cohort who will be released. As the
question in not directly about A's fate, the warden obliges and says, truthfully, "B will be released."
A is offered the choice of switching fates with C...should he?
Station 5: Coins, Dice, Cards

In this game, begin by tossing 4 coins simultaneously. Count the number of heads. If the number is 0,
you lose. If this number is even, then you draw a card from the deck. If the number is odd, then you roll a
pair of dice. You win the amount shown on sum the dice or card denomination (A=1, J=11, Q=12, K=13)
Trial
#
Heads
Card/
Dice Sum
1. Play this game 10 times and record your results.

Winnings
2. What is P(10 on dice after tossing an odd # heads).
1
2
3
3. What is P(Draw 10 after tossing an even # of heads).
4
5
6
4. What is the expected winnings for this game? What
would the operator have to charge to make it a fair
game? You may wish to fill in the tables below to help
you out...
7
8
9
10
# Heads
P(X=x)
Sum
10
11
12
P(X=x)
Card
10
11
12
13
P(X=x)
Winnings
10
11
12
P(X=x)
13

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AP Statistics Casino Lab 1

AP STATISTICS CASINO LAB:

AP Statistics Casino Lab 2

Station 1: The Game of Craps

1) Roll a pair of dice.

In what proportion of games did you lose on your first roll?______________

In what proportion of games did you actually win?______________

AP Statistics Casino Lab 3

Craps Probability Questions:

Lose (roll 2,3,or 12)

AP Statistics Casino Lab 4

5. What is P(Twenty-one) with two-cards?

AP Statistics Casino Lab 5

AP Statistics Casino Lab 6

Station 4: Montes Dilemma

Always Switch Strategy

AP Statistics Casino Lab 7

Regardless of what you originally choose, what is P(Car) if you Stay?

Regardless of what you originally choose, what is P(Car) if you Switch?

Station 5: Coins, Dice, Cards

1. Play this game 10 times and record your results.

2. What is P(10 on dice after tossing an odd # heads).

3. What is P(Draw 10 after tossing an even # of heads).

AP Statistics Casino Lab 9

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